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Hahaha.....Germany lowers income taxes on the working class and it works!....no shite. Eight years of Bush who lowered income taxes only for the rich backfired in a HUGE way. Targetted lowering of income taxes does have a positive effect...IF ITS GIVEN TO THE MIDDLE CLASS.

Posted Oct-27-2009 By

graaff

The point of tax cuts is to stimulate economic growth, which creates more taxable economic activity. You increase tax revenues via tax cuts, particularly if you target it to stimulate capital investment.

vicsemprini

Posted Oct-27-2009 By

jpsks

It only works if you give the tax break to the middle class. If you give it to the top 5% you piss away any benefit. The middle-class is the economic engine and if it suffers, as it did under 8 years of Bush, then you have a failing economy.

Posted Oct-27-2009 By

joeslummer

Worse, the Feds are gobbling up an increasing share of available capital from the private sector, and can't wait to get their hands on even more.

AND, you're going to see tax increases in 2010 when they let the Bush cuts expire.

If there's a recovery, it will be in spite of what the government is doing, not because of it.

There is ZERO, ZIP, NADA in the phony Scamulus that is aimed at creMore..ating lasting, private sector jobs and expansion. It was, instead, a big gift to Democrat constituencies: federal employes and labor unions. It was a government expansion bill, not a bill to stimulate the private sector.Less..